While strategies like using multiple Permanent Account Numbers (PANs) or shareholder quotas might slightly improve allotment chances, the odds still remain slim. Bajaj Housing’s recent blockbuster IPO, for example, saw prices double, but few managed to secure the shares. So much so, that X (formerly Twitter) was flooded with memes highlighting the struggle to secure … Read more
Macrotech Developers: The company, operating under the ‘Lodha’ brand, has increased its pre-sales forecast for 2024-25 by 20% to ₹17,500 crore, backed by robust demand and a strong launch pipeline, according to a senior company official. The Mumbai-based developer achieved a record high of ₹14,520 crore in pre-sales in FY24. On Wednesday, the real estate … Read more
Bajaj Finance raised its fixed deposit (FD) interest rates recently. The NBFC offers interest rate in the range of 7.4 percent to 8.10 percent. When tenure is between 12-14 months, the annual interest is 7.40 percent. Bajaj Finance FDs are rated AAA/Stable financial instruments by Crisil. And when FD tenure is between 15-23 months, the … Read more